“What do you think of the merge?” I recently innocently asked William “Wills” de Vogelaere, co-founder of Spankchain and probably half a dozen other protocols in the grisly underworld of Ethereum. I was, of course, referring to the long-awaited software upgrade which booted Ethereum’s miners and replaced them with a cohort of environmentally friendly stakeholders on September 15. “You mean…
Members of the United States House of Representatives and Senate as well as Supreme Court justices currently trading cryptocurrencies may have to stop HODLing while in office should a bill get enough votes. According to a framework released on Thursday, chair Zoe Lofgren of the Committee on House Administration — responsible for the day-to-day operations of the House — said…
If you’ve spent any time reading about blockchain and Web3, you know that this industry is filled with big buzzwords and half-baked concepts. But, concepts such as decentralized identity services, or DIDs, bring real meaning and utility to Web3. If you haven’t yet wrapped your mind around DID, it refers to a self-owned, independent identity that enables trusted data exchange.…
In brief NFT sales on the NFL All Day platform are rising on NFL game days, topping the 24-hour sales charts among all NFT collections. NFL All Day opened to the public in August after months in a closed beta period. Dapper Labs’ officially-licensed NFL All Day NFT collectibles platform opened up to the public last month, and in the…
The Moscow Exchange (MOEX) is drafting a bill to allow trading in digital financial assets (DFAs) and securities based on them, according to a report in the Russian press. The stock exchange is writing the bill on the behalf of the central bank, which does not have the power to introduce legislation, Vedomosti newspaper reported on Thursday. Speaking at a banking…
Now that the Ethereum merge is complete, Vitalik Buterin thinks other blockchains like Dogecoin and Zcash should follow suit. “As proof of stake matures, I expect it to just increase in legitimacy more and more over time,” Vitalik said over video chat at the Mainnet conference Friday. “I hope that Zcash moves over. I am also very hopeful that Dogecoin…
Tether is now live on 15 different blockchain networks, according to the company’s latest announcement on Friday as the firm detailed that it is now supported by the Polkadot blockchain system. The stablecoin’s new support follows the token being added to the Near Protocol 11 days ago. The news further follows Tether being ordered by a New York judge to…
In brief Solana co-founder Anatoly Yakovenko tells Decrypt that he believes a major, long-lasting franchise IP could come out of the current NFT space. He sees a potential evolution like that of online bulletin boards in the 1990s, which ultimately led to the rise of social media. Could the next major entertainment franchise come out of the NFT market? That’s…
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. Chainalysis chief scientist shared his views on the Tornado Cash saga and said that the incident has left a void for illicit fund mixing services, but the real impact of the sanctions could be…
Australia-based crypto mining firm Iris Energy has signed a deal with B. Riley giving the capital market company the option to purchase up to 25 million of its shares. According to a Friday filing with the United States Securities and Exchange Commission, Iris Energy inked an agreement with B. Riley Principal Capital II related to the “potential offer and sale”…
